As residents prepare to pay their property tax bills, the question of where it goes is raised.
The Indiana Department of Local Government Finance (DLGF) recently sent Clay County its Certified Budget Order, which includes how the tax levy is split up.
The distribution is a bit more lopsided than the state average.
On average, 54 percent of the property tax levy goes toward the schools, while the amount is 72.09 percent in Clay County for 2008.
Of the more than $21.4 million in anticipated property tax revenue, $14,290,472 is set to go to the Clay Community School Corporation and another $1,149,709 will go to the M.S.D. Shakamak School Corporation. Last year, the total amount between the two corporations was $14,425,131.
As a whole, the total levy increased by slightly more than $1.3 million, but nearly 78 percent of the increase ($1,015,050) will be going to the schools. Overall, the school's portion of the levy increased from the 71.7 percent distributed in 2007.
The county, on the other hand only saw an increase of $42,261, or 1.34 percent from 2007, giving them a levy of $3,202,192 for this year.
This is the second largest levy amount, but still nearly five times less than what the schools receive.
The largest increase, by percentage, is in Posey Township where the levy went from $45,726 last year to $66,451.
Due in part to a large increase in Township Assistance funding from a levy appeal, Posey's amount went up 45.32 percent.
All but one of the taxing units saw their levy increase this year. Harrison Township is the lone exception as their amount decreased 1.83 percent from $40,945 to $40,197.
The Brazil Public Library unit saw the largest percentage increase of the six groupings -- State, County, City/Town, Township, Library and Schools -- at 14.4 percent from $303,967 last year to $347,683 (1.62 percent of the overall property tax levy).
In comparison, the total levy for all of the townships combined is $408,861, or 1.68 percent of the total levy for all of the taxing units.
Amidst its financial complications, the levy for Brazil City went up from $1,563,122 to 1,700,531, for an increase of 8.79 percent and 7.94 percent of the entire levy.
Only five of the 24 taxing units are set to receive a property tax levy of more than $300,000:
* Clay Community School Corporation -- $14,290,472,
* Clay County -- $3,202,192,
* Brazil City -- $1,700,531,
* M.S.D. Shakamak School Corporation -- $1,149,709, and
* Brazil Public Library -- $347,683.
Two townships, Washington ($9,092) and Cass ($2,801), are the only taxing units whose levy is less than $10,000 for the 2007 pay 2008 property tax year.
To view the entire budget order for Clay County and DLGF analysis, visit www.in.gov/dlgf/2612.htm.